Nippon Express

Nippon Express

Nippon Express, No. 28 on JOC’s Top 40 Global 3PLs, is a Tokyo-based firm with an estimated $2.5 billion in logistics-related revenue for 2013. Nippon employs 34,000 people in more than 400 locations in 40 countries around the globe.

Nippon offers land, sea, and air transport solutions with a particular focus on heavy hauling and artistic treasures. They also offer supply chain management services.

The company’s current strategy calls for structural reforms of their Japanese operations to realize cost savings and increase profits as Nippon also expands its overseas footprint. The company would also like to increase the number and frequency with which it undertakes mergers and acquisitions.

It has begun carrying out its strategy by acquiring the Italian firm Franco Vogo in 2013. It also established an alliance with the Japanese electronics maker NEC Logistics Limited by taking a 49 percent stake in the company.

Nippon Express Co., Japan’s top international freight forwarder, posted a big jump in group net profit in the first three quarters of fiscal 2014, as revenue from overseas operations grew robustly, helped by a weaker yen.

After two years of preparations, Nippon Express Co. has set up a subsidiary in Myanmar, formerly called Burma, joining a growing army of Japanese transportation, logistics and other firms aiming to cash in on what is widely seen as Asia’s last frontier market.

Nippon Express Co., Japan’s largest international freight forwarder, said on Monday that it has acquired a controlling stake in Nittsu NEC Logistics Ltd., its joint venture with electronics maker NEC Corp.

A combination of manufacturing migrating from China to its Southeast Asian neighbours and improving road infrastructure is set to grow cross-border trade, despite the import and export of containers taking up to three weeks in some countries.

Nippon Express Co. more than doubled its group net profit in the first half of fiscal 2014, which ended Sept. 31, from the same period in 2013, as strong international freight forwarding offset U.S. antitrust lawsuit costs, and weak Japanese imports and construction-related cargo.